Moving the Profession Forward Internationally

     ACTUARIAL e-LIBRARY  

Powered by Coveo Enterprise Search

Publications

International Standards of Actuarial Practice (ISAPs)

The IAA develops International Standards of Actuarial Practice (ISAPs) which are model standards of practice. The IAA encourages its member associations to have in place standards of practice that are substantially consistent with these standards. ISAPs are model standards of actuarial practice and, as such, are not binding on any actuary.

Approved ISAPs

ISAP 1 – General Actuarial Practice – 18 November 2012, Reformatted 13 October 2013

Download: Adobe PDF   MSWord

» Translations (unofficial)

Glossary – 11 April 2015

Download: Adobe PDF   MSWord

» Translations (unofficial)


Note: The hyperlinks in the ISAPs are linked to the respective definitions in the Glossary. These links will work well if your default browser is Internet Explorer. The links may not work consistently for other browsers. If your default browser is not Internet Explorer, we recommend downloading the ISAP and glossary and viewing them separately on your local computer.

In the unlikely event of any discrepancies between the pdf version and the MSWord version of the ISAPs or the glossary, the pdf version will prevail.

Development History

ISAP 1 – General Actuarial Practice (Adopted 18 November 2012, Reformatted 13 October 2013)

ISAP 1A – Governance of Models (Expected completion November 2016)


ISAP 3 – IAS19 Employee Benefits (Adopted 11 April 2015)

ISAP 4 – IFRS X Insurance Contracts (Expected completion April 2019)

ISAP 5 — Insurer Enterprise Risk Models (Expected completion November 2016)